so there is no plan to develop the first phase and continue seconds ICO for the second phase?
seem like they didn't plan ahead of time for this. the refund is much of a work than doing an ico for the 2nd time to acquire the required funds.
Their tech and business plan is not enough to raise 1.75M USD, ark, wings, much better than inchain but only raise less than 2k btc so far, 1.75M is a dream